FACT SHEET: Biden-⁠Harris Administration Leverages Historic U.S. Climate Leadership at Home and Abroad to Urge Countries to Accelerate Global Climate Action at U.N. Climate Conference (COP28)

FACT SHEET: Biden-⁠Harris Administration Leverages Historic U.S. Climate Leadership at Home and Abroad to Urge Countries to Accelerate Global Climate Action at U.N. Climate Conference (COP28)

 President Biden’s ambitious domestic climate action offers countries gathering at COP28 a proven model for how bold action to tackle the climate crisis and end dependence on fossil fuels can unlock a new era of clean and inclusive economic growth, investment, good-paying jobs, energy security, and savings for families and business. Thanks to the Inflation Reduction Act (IRA) – the largest investment in clean energy and climate action ever – the Bipartisan Infrastructure Law (BIL), and other executive actions, the United States is in a strong position to achieve our 1.5°C-aligned emissions target under the Paris Agreement. Implementation of these two laws alone is expected to cut U.S. emissions as much as 41% below 2005 levels in 2030 – roughly 80% of the way towards achieving the 50-52% reduction outlined in our nationally determined contribution (NDC). At the same time, the Biden Administration is pursuing additional federal actions to bring us to the full 50-52% reduction levels, including measures like the Environmental Protection Agency’s (EPA) standards for vehicles, power plants, and methane emissions – which complement increased action from state and local governments and the private sector.